NOT LISTED FOR SALE

Estimated Value: $164,351 - $191,000

-- Bed
-- Bath
246 Sq Ft
$736/Sq Ft Est. Value

Last Sold January 29, 2020

Current estimated payment $1,179/month

31 Days on Market

About This Home

As of January 2020

Quadplex In TX This Property Is Next To Lamar University, One Of The Finest Public Schools In The State. Only An Hour And A Half Away From Houston,TX, This City Has High Income And High Population Growth. City Of Beaumont Home Of The South Texas State Fair And Rodeo. High Cap Rates Are Easily Achievable. Tons Of Industry And High Per Capital Income. There Are No State Income Tax Along With Great Real Estate Laws. Separate Electric Meters. Perfect Value Add Opportunity. Private Financing Is Also Available. Professional Property Management Is Available. Great For An Out Of State Investor! Building Can Be Purchased In A Package.

Last Agent to Sell the Property

James Villarroel

REALPRO INC License #3009858 Listed on: 11/26/2019

Last Buyer's Agent

James Villarroel

REALPRO INC License #3009858 Listed on: 11/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1978

Lot Details

  • 2,646

Home Design

  • 246 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Additional Features

  • 2,646 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Eisentraut Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,880

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 245.82
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 2646
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6108069?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6108069?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 455.62
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: MF
  • Parcel Number: 019000-000-003900-00000-7
  • Additional Parcels: No
  • Flood Zone Code: NA
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1880
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jan 28, 2020
Sold by
Rock It Properties I Llc
Bought by
Lambda Apartments Llc
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$112,000
Current Estimated Value
$181,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$72,800
Outstanding Balance
$64,581
Interest Rate
3.7%
Mortgage Type
Unknown
Estimated Equity
$116,536

Purchase Details

Closed on
Mar 31, 2017
Sold by
Gore Claude W and Simmons Nancy
Bought by
Leduc Partnership Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lambda Apartments Llc -- None Available
Leduc Partnership Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambda Apartments Llc $72,800
Previous Owner Leduc Partnership Ltd $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold -- -- --
12/23/2019 12/23/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $112,000 -- $455 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,798 $121,299 $3,686 $117,613
2024 $2,798 $120,447 $3,686 $116,761
2023 $2,798 $118,269 $3,686 $114,583
2022 $3,080 $117,863 $3,686 $114,177
2021 $3,053 $112,457 $3,686 $108,771
2020 $1,640 $60,163 $3,686 $56,477
2019 $1,683 $60,170 $3,690 $56,480
2018 $1,880 $67,230 $3,690 $63,540
2017 $1,847 $67,230 $3,690 $63,540
2016 $1,848 $67,230 $3,690 $63,540
2015 $1,845 $67,230 $3,690 $63,540
2014 $1,845 $67,230 $3,690 $63,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6108069

Stellar MLS

APN: 019000-000-003900-00000